Not Enough Money

[Glpblondie]

if theres not enough money in the world why dont they just print some more?

[bednobs]

the problem with tht is that if out of my hundred friends, i was the only one with a fiver, that fiver would be really valuable. If everyone had a fiver, it would devalue my fiver

[dzug]

They did this in Germany after the First World War. You ended up needing a wheelbarrow load of notes to buy a pound of potatoes.

[Glpblondie]

the reason i thought of this was more to fund say the NHS or provide facilities for third world countries, not to line the pockets of down and outs who are to damn lazy to get a job!

[Loosehead]

As above previous attempts at this have caused raging inflation. Money is not the notes and coins it's the wealth it represents. If everyone had a million pounds then a million pounds would be worthless.

[dannydingbat]

Paper money is only a promise to pay against, effectively, the wealth of the issuer. So you have to have the money to start with to represent the notes you are issuing.